Oprah Tops Forbes' List of Highest-Paid Celebrities

08.28.12 by REELZ

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Oprah Winfrey didn't have the best year. The media mogul saw her yearly income decrease by $125M, but that's just a drop in the bucket because despite the reduction in pay, Oprah still topped Forbes's Highest-Paid Celebrities List.

Forbes estimates that Oprah earned $165M between May 2011 and May 2012. Just last week, Forbes included Oprah on its list of The World's Most Powerful Women (she came in 11th). Oprah outearned other Hollywood tycoons such as Transformer director Michael Bay, who came in second place with $160M, and Steven Spielberg, who thanks to two directorial efforts, The Adventures of Tintin and War Horse, earned a solid $130M.

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Though actors and actresses can make a pretty penny in Hollywood, the list proves the real money is in directing and creating. The first actor, Tom Cruise, doesn't show up on the list until No. 13.